Medical Tourism Services​

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Medical Tourism Services​
Medical Tourism Services​
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SectorMost major industry classification systems use sources of revenue as their basis for classifying companies into specific sectors, subsectors and industries. In order to group like companies based on their sustainability-related risks and opportunities, SASB created the Sustainable Industry Classification System® (SICS®) and the classification of sectors, subsectors and industries in the SDG Investor Platform is based on SICS.
Health Care
Health Care Providers
Business Model Description

Establish and operate private hospitals or clinics providing high-quality healthcare services to Mauritius' population and to patients from Sub-Saharan Africa with limited access to specialized treatment in their home countries. Leverage on the cascading effect that medical tourism will bring to other sectors and the region with positive spillovers through treatment in cardiology, eye treatment, oncology and geriatrics.

Expected Impact

Provide quality healthcare services to underserved patients from the region with positive spillover effects for local patients.

How is this information gathered?
Updated: 5 Sep, 2022 Date of Production: 1 Sep, 2022
Mauritius
Indicative ReturnDescribes the rate of growth an investment is expected to generate within the IOA. The indicative return is identified for the IOA by establishing its Internal Rate of Return (IRR), Return of Investment (ROI) or Gross Profit Margin (GPM).
> 25% (in GPM)
Investment TimeframeDescribes the time period in which the IOA will pay-back the invested resources. The estimate is based on asset expected lifetime as the IOA will start generating accumulated positive cash-flows.
Medium Term (5–10 years)
Market SizeDescribes the value of potential addressable market of the IOA. The market size is identified for the IOA by establishing the value in USD, identifying the Compound Annual Growth Rate (CAGR) or providing a numeric unit critical to the IOA.
> USD 1 billion
Average Ticket Size (USD)Describes the USD amount for a typical investment required in the IOA.
> USD 10 million
Direct ImpactDescribes the primary SDG(s) the IOA addresses.
Decent Work and Economic Growth (SDG 8) Good health and well-being (SDG 3)
Indirect ImpactDescribes the secondary SDG(s) the IOA addresses.
Gender Equality (SDG 5) Reduced Inequalities (SDG 10) Partnerships For the Goals (SDG 17)

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Sector Sources
  • 1) Ministry of Foreign Affairs, Regional Integration and International Trade. 2019. Voluntary National Review Report of Mauritius. https://foreign.govmu.org/Documents/2020%20-%20migrated%20data/VNR%20REPORT/Mauritius%20VNR%20Report%202019(2).pdf. 2) International Trade Administration. 2018. Healthcare Resource Guide: Mauritius. https://2016.export.gov/industry/health/healthcareresourceguide/eg_main_116239.asp. 3) Republic of Mauritius - Ministry of Health and Wellness. 2020. Health Sector Strategic Plan 2020-2024. https://health.govmu.org/Documents/Main%20Page/Communique/HSSP%20Final%2004%20March%202021.pdf. 4) Republic of Mauritius Ministry of Finance, Economic Planning and Development - Statistics Mauritius. 2020. How Do Mauritians Feel About Their Health? https://statsmauritius.govmu.org/Documents/Census_and_Surveys/LCS/How%20do%20Mauritians%20feel%20about%20their%20health.pdf. 5) Economic Development Board Mauritius. 2021. Healthcare. https://www.edbmauritius.org/healthcare. 6) Government of Mauritius. 2021. Budget Speech 2021 – 2022 Better Together. https://budgetmof.govmu.org/Documents/2021_22budgetspeech_english.pdf. 7) International Trade Administration. 2021. Mauritius - Country Commercial Guide Biotechnology. https://www.trade.gov/country-commercial-guides/mauritius-biotechnology. 8) UNDP stakeholder consultation with a public university, conducted on November 30, 2021. 9) UNDP stakeholder consultation with public health authorities, conducted on November 26, 2021.
IOA Sources
  • 10) C-Care. https://www.c-care.mu/c-lab. 11) EDB Mauritius. 2020. Mauritius Real Estate & Tourism. https://www.edbmauritius.org/sites/default/files/2020-09/brochure_hpd.pdf. 12) UNEP. 2019. Action Plan for Low Carbon and Resource Efficient Accommodation in Mauritius. https://tourism.govmu.org/Documents/Downloads/Action%20Plan%20for%20low%20carbon%20and%20resource%20efficient%20accommodation%20in%20mauritius.pdf#search=zero%20emission%20lagoon%202030. 13) Laing Buisson. August 18, 2011. Medical tourism in Mauritius increases dramatically, Bali wants to copy. https://www.laingbuissonnews.com/imtj/news-imtj/medical-tourism-in-mauritius-increases-dramatically-bali-wants-to-copy/. 14) Clinique du Nord. https://www.cliniquedunord.mu/en/. 15) Ministry of Tourism. 2018. Strategic Plan 2018-2021, Adapting to the Changing Global Environment. https://trade.mymauritius.travel/sites/default/files/pdf/STRATEGIC-Plan-2018-2021.pdf. 16) M. J. Khan et al. 2020. Perceived Risks, Travel Constraints, and Destination Perception: A Study on Sub-Saharan African Medical Travellers. https://www.mdpi.com/2071-1050/12/7/2807/pdf. 17) Journal of Business & Hotel Management. 2020. Challenges Face in Medical Tourism in Mauritius, abstract. https://www.scitechnol.com/peer-review/challenges-face-in-medical-tourism-in-mauritius-AbW3.pdf. 18) C-Care. 2021. Annual Report. https://www.c-care.mu/sites/default/files/Annual%20Report%202021_E%20Version.pdf. 19) The President of the Republic of Mauritius. 2011. The Excise (Amendment) Act 2011, Act No.19 of 2011. http://www.tourismauthority.mu/userfiles/file/tourismauthority/legislation/acts/Excise%20Amendment%20Act%202011.pdf. 20) UN Department of Economic and Social Affairs. SDG Indicator Database. https://unstats.un.org/sdgs/unsdg. 21) Republic of Mauritius. 2018. National Health Accounts 2018. Ministry of Health. https://health.govmu.org/Documents/Legislations/Documents/29%20October%202020%20%20Final%20NHA%202018%20REPORT.pdf. 22) Ministry of Tourism. 2020. Annual Report on Performance for Financial Year 2019/21. https://tourism.govmu.org/Documents/publication/APF%20201920.pdf. 23) The President of the Republic of Mauritius. 2015. Government Programme 2015-2019. https://www.greengrowthknowledge.org/sites/default/files/downloads/policy-database/MAURITIUS%29%20Achieving%20Meaningful%20Change.pdf. 24) Asrani Gopaul. An Assessment of the Socio-Economic Impact of Medical Tourism on the Mauritian Community, The European Conference on the Social Sciences 2014 Official Conference Proceedings. http://papers.iafor.org/wp-content/uploads/papers/ecss2014/ECSS2014_03891.pdf. 25) Ministry of Health and Wellness. Annual Report on Performance for Financial year 2019-2020. https://health.govmu.org/Documents/Legislations/Documents/Annual%20Report%20on%20Performance%20%20for%20Financial%20Year%202019-2020.pdf. 26) UNCTAD. May 13, 2020. COVID-19 puts women working in SIDS tourism industry at risk. https://unctad.org/fr/node/2415. 27) Republic of Mauritius. November 2020. Statistics in Mauritius, A gender Approach, 2018. https://gender.govmu.org/Documents/2020/Statistics%20in%20Mauritius%20A%20Gender%20Approach%20Year%202018.pdf. 28) World Health Organization Africa. 2020. New Cancer Cases on the decrease in Mauritius. https://www.afro.who.int/news/new-cancer-cases-decrease-mauritius. 29) The President of the Republic of Mauritius. The Environmental Protection Act 2002, Act No.19 of 2002. http://www.tourismauthority.mu/userfiles/file/tourismauthority/legislation/acts/Mauritius_Environment_Protection_Act_2002.pdf. 30) EDB. Healthcare. https://www.edbmauritius.org/healthcare. 31) Sustainable Development Report. 2021. Sustainable Development Report 2021, Dashboard SDG Index. https://dashboards.sdgindex.org/map. 32) The President of the Republic of Mauritius. 2015. Government Programme 2015-2019. https://www.greengrowthknowledge.org/sites/default/files/downloads/policy-database/MAURITIUS%29%20Achieving%20Meaningful%20Change.pdf. 33) President of the Republic of Mauritius. Private Health Institution Act 1989, Act No.11 of 1989. http://medicalcouncilmu.org/frontend/uploads/PRIVATE%20HEALTH%20INSTITUTIONS%20ACT.pdf. 34) President of the Republic of Mauritius. The Medical Council Act 1999, Act No. 30 of 1999. https://health.govmu.org/Documents/Legislations/Documents/270921/MEDICAL%20COUNCIL%20ACT%201999.pdf. 35) President of the Republic of Mauritius. The Pharmacy Act 1983, Act No. 60 of 1983. https://www.mcci.org/media/35844/the-pharmacy-act-1983.pdf. 36) President of the Republic of Mauritius. Dangerous Drugs Act 2000, Act No. 41 of 2000. https://health.govmu.org/Documents/Legislations/Documents/270921/DANGEROUS%20DRUGS%20ACT%202000.pdf. 37) Medical Credit Fund Africa. 2019. Stichting Medical Credit Fund Annual Report 2019. https://www.medicalcreditfund.org/wp-content/uploads/sites/4/2020/05/MCF_annual_report_2019.pdf. 38) C-care. Welkin Hospital. https://www.c-care.mu/wellkin-hospital. 39) Welkin Hospital. Our Specilaties. https://www.wellkinhospital.com/medical-specialities/geriatrics-aged-care/. 40) Clinique Darné. International Patients. https://www.cliniquedarne.com/en/international-patients. 41) Aegle Clinic. International Patient Service. http://www.aegleclinic.mu/international-patient.html. 42) C-care. C-Care Clinic Cap Tamarin. https://www.c-care.mu/sites/default/files/C-Care_Clinic_Cap_Tamarin_Specialites_Disponibles.pdf. 43) International Finance Corporation. 2017. Creating Healthcare Markets, Apollo: Better Care through an Integrated Network in India. https://www.ifc.org/wps/wcm/connect/9351b1ce-4ffb-4c7c-8f8c-8131c1146df6/Apollo+Case+Study_Final_web.pdf?MOD=AJPERES&CVID=lLplSK8. 44) Southern African Development Community (SADC). 2012. Communicable Diseases. https://www.sadc.int/themes/health/communicable-diseases/. 45) The European Conference on Social Sciences, 2014. https://papers.iafor.org/wp-content/uploads/papers/ecss2014/ECSS2014_03891.pdf